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Business models - Coggle Diagram
Business models
Ecosystems
Innovation ecosystem
Platform ecosystem
Business Ecosystem
The unit of interest
The firm/ the innovation/ the platform
Complementaries
Unique
Supermodular
Non-generic
behaviour in ecosystem
Rules of engagement
Nature of standards and interfaces
Open VS. Closed
Imposed VS. Emergent
Business model (innovation)
Business models
Complementarity
"Architecture of value creation, delivery and appropriation"
Business model innovation
Dimensionalize scope & novelty
Evolutionary BMI
Adaptive BMI
Focused BMI
Complex BMI
"Designed, novel & non-trivial changes"
Lack of construct clarity
Clear definitions
Scope conditions and contextual circumstances
Relationship to other constructs
Degree of coherence or logical consistency
BM and BMI research
Links to wicked problems
Resource-based view vs. more holistic approach
Links to digitalization, platformization, big data
What it is NOT
Not the same as product market strategy or corporate strategy
Cannot be reduced to issues that concern the internal organization of firms
Does not involve a linear mechanism for value creation
Business models
Strategic issues
Competitive advantage
Value creation
Firm performance
Innovation & technology management
E-business
Distinguishing first and second order themes
Describe generic e-business models and provide typologies